Tran Dinh Long
- Net worth $2.3 billion
- Status -
- Country Vietnam
- Source(-s) of wealth Businessman, Entrepreneur
How much is Tran Dinh Long Worth? Tran Dinh Long Net Worth in 2026
Tran Dinh Long’s net worth is estimated at $2.3 billion as of November 2026. Vietnam’s steel king once sold shares to his own son: in 2023 he and his wife sold nearly 43 million Hoa Phat shares to Tran Vu Minh for about 900 billion dong. The son has kept buying since, and registered for another 50 million shares this autumn.
| Net worth | $2.3 billion (our estimate) |
|---|---|
| Born | 1961 |
| Country | Vietnam |
| Known for | Founder and chairman of Hoa Phat Group, Vietnam’s largest steelmaker |
| Main income sources | Hoa Phat shares, dividends |
How much is Tran Dinh Long worth in 2026?
About $2.3 billion, by our estimate. Roughly four fifths of it is the Hoa Phat stake registered to him, priced at 21,250 dong at the close on November 10, 2026. His wife’s stake makes up most of the rest, and a small slice is this year’s cash dividend. We convert at about 25,570 dong to the dollar, the mid-market rate on November 10.
How we got to $2.3 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| His Hoa Phat shares | $1.81 billion | Nearly 2.18 billion shares, about 25.8% of the company, at 21,250 dong. |
| Wife Vu Thi Hien’s shares | $483 million | About 528 million shares in May 2026, roughly 581 million after the 10% share dividend in June. We treat a married couple’s stakes as one household. |
| June 2026 cash dividend | $39 million | 500 dong a share on about 1.98 billion shares, roughly 990 billion dong before tax. Our assumption is that it was kept. |
| Total | $2.3 billion | $2,335 million before rounding. |
The wife’s post-dividend count is our calculation: her May holding multiplied by 1.1, assuming no trades since.
A record quarter that was partly property
Hoa Phat booked net profit of more than 9 trillion dong in the first quarter of 2026, the highest in its history, Vietstock reported. Nearly 3.8 trillion dong of it came from transferring a stake in an urban project at Pho Noi in Hung Yen, and about 5 trillion dong from the core business, mainly steel. Long told the annual meeting the sale let the group focus on its strengths.
Our calculation of what that quarter meant to him: 25.8% of 9,056 billion dong is about 2,336 billion dong, or roughly $91 million of profit attributable to his stake in three months. Some 42% of that quarter’s profit came from the property sale, so without it the quarter would have made him about $53 million.
Two dividends in one month
For its 2025 results Hoa Phat paid 15%: 5% in cash on June 3, 2026 and 10% in new shares, VietnamFinance reported. The share dividend added about 768 million shares and took the total from nearly 7.68 billion to more than 8.44 billion. That is why Long’s own count went from about 1.98 billion shares in May, as Dai bieu Nhan dan reported, to nearly 2.18 billion by October, CafeF reported. The cash payout cost the company about 3,837 billion dong in total.
From a machinery shop to a steel complex
Long was born in 1961 and graduated in economics from the National Economics University in 1985, according to his 2026 board nomination file. Hoa Phat started in 1992 as a small company trading construction machinery. It moved into steel and built a full chain, from iron ore and coke through to finished steel. The Dung Quat 2 complex has been producing since September 2025, and the company targets about 16 million tonnes of crude steel capacity a year by the end of 2026. It also makes containers, produces eggs, raises pigs and develops industrial parks.
Why other estimates disagree
Some public estimates add everything the family and related parties hold, more than 2.7 billion shares or about 35.45% of Hoa Phat, including the son’s stake and a company called Dai Phong. We do not: the son is an adult who paid for his shares, and we found no published owner of Dai Phong. Older figures also use the pre-June share count or a price from a different week, and in a stock that moves 4% in a week that alone shifts the answer by $70 million or more.
What would move the figure
Each 1,000 dong on Hoa Phat’s share price moves his own stake by about 2,182 billion dong, or $85 million, by our calculation. The company is aiming for 22 trillion dong of after-tax profit in 2026, and its rail and special steel plant at Dung Quat is due to start rail production in the first quarter of 2027. Cheap Chinese steel is the risk Long himself keeps naming.
Tran Dinh Long net worth FAQ
What is Tran Dinh Long’s net worth?
About $2.3 billion as of November 2026 by our estimate, from his and his wife’s Hoa Phat shares at the November 10 price plus the June 2026 cash dividend.
How many Hoa Phat shares does Tran Dinh Long own?
Nearly 2.18 billion in October 2026, about 25.8% of the company, after a 10% share dividend in June.
How much did Tran Dinh Long make from Hoa Phat’s 2026 cash dividend?
About 990 billion dong, roughly $39 million before tax, by our calculation from 500 dong a share on about 1.98 billion shares.
How much profit did Hoa Phat make in early 2026?
More than 9 trillion dong in the first quarter of 2026, a company record, with nearly 3.8 trillion dong from a property stake sale.
How old is Tran Dinh Long?
He was born in 1961, so he is 64 or 65.
When was Hoa Phat founded?
In 1992, as a small company trading construction machinery.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.
Photo: Lekieunhi / Wikimedia Commons, CC BY-SA 4.0, cropped